If you are good at managing a budget I think this is fine.I agree, especially somewhere that is barely habitable those other 6 months, which describes the UP of Michigan quite well.

They’ve also made me aware of my listing being terminated (I have proof this did occur) and stated that my contract was terminated as well (I have no proof of this).

This can be fairly straightforward, depending on your agreement and if a partnership return was ever filed, you'll want to report half or your portion of the basis in the property as well as half the sale price minus expenses.

This means, no electricity and no water as the well can't pump - which also translates to you get one more flush on each toilet and then you are done.  

A well written management contract should clearly spell out what is expected of both the PMC and the owner, to PROTECT both and avoid misunderstandings.

The rate market may now create a better safety-net scenario than before as well...

You'll need to set aside some reserves so you won't be able to put all the 25k down.

Properties here can cash flow pretty well.

As I realized, you want to make it very well known who you're looking for.

Outside of real estate, I enjoy spending time with my wife and kids, as well as playing golf, collecting comics and sports cards, and binging the next show on Netflix.I am very excited to meet people with common interests, network, learn, and help where I can.